Market Reports

Don't miss an opportunity to make a critical purchase or sale. Let Legend be your eyes and ears on the collection market. We'll let you know about the upcoming sales, pricing trends and predictions, collections and exceptional coins entering the market, and other news to help you take advantage of opportunities before they pass you by.

PRE LONG BEACH REPORT

HERE THE WEATHER IS NOT SO HOT-BUT IN OUR OFFICE IT IS SCORCHING!

For the first 9 days of June, our sales have far exceeded what we had expected.  Even more surprising, so has our purchasing. Just a few weeks ago were starting to moan about little to no supply and how it could slow down the market. Not for us any more! Since June 1st, Legend has bought OVER $1,500,000.00 worth of the last things in the world we ever expected to buy-better PCGS CAC gold!  Most of it was a pure fluke. Several of the coins were from people who simply needed cash for different reasons. You’ll see most of the gold listed between now and the end of the month. All we can say is we look in the safe and shake our heads as to what we have in stock!

We FULLY expect the Heritage Long Beach Auction to realize near insane prices. For sure, we are coming in locked and loaded.  We say this because not enough people still understand what it takes to buy really great coins today. Her eis one example of how us big shots are already blown out: 5C 1910 PCGS PR68 DC CAC the CURRENT live bid is $55,000.00 HAMMER! Omg! We thought we’d be big shots at $35,000.00 hammer. Ugh…Now we would not be surprised if it hit $65,000.00 hammer. Were is any one going to get another for the Type?

One note: we did buy a substantial group of the current Central America Ship Wreck coins-that were CAC (the only ones we know of). Call or email us as to what we have, sales have been much stronger then we ever expected with out posting the coins anywhere.

LEGEND NUMISMATICS AND LEGEND AUCTIONS WILL BE AT THE LONG BEACH SHOW AT OUR REGULAR TABLE. Laura Sperber will only be there Thursday. Stop by and say hello!

A HEART FELT CONGRATS TO OUR CUSTOMER RSD

Legend Numismatics is proud to announce the creation of the RSD Collection of MS Barber Quarters. This is not just any set-it is by far the FINEST that can EVER be built! The set is now posted on the PCGS Registry (#1 all time of course-a full 1.21 ahead of the #2 set) and it has a 68.30 rating. Of the 74 coins in the set a whopping 58 pieces are the finest graded or are tied for finest graded. Legend lives to build sets like this. We expect this set to be eventually be designated HOF.

Our long time friend and customer RSD started collecting coins in earnest when he was in his 20’s and started working his way up the ladder in his families company. In his early 30’s he was able to really dive into coins. He is a very quick study and realized 100% PCGS CAC are the ONLY coins he should buy. Sadly, this was inspired by his late grandfather who also loved coins, but had been ripped of by a few dealers and auction houses back in the 70’s+80’s. RSD fully understands the game and what it takes to create a real #1 set. We’re grateful RSD still had the passion. Everyone asks will there be new blood in coins? RSD defines the new younger breed of super collectors.

We worked as a team to build the Quarter set. Collectors like him allow us to build our numismatic fantasies too. It started slow with the purcahse of the Eliasberg 25C 1893O PCGS MS67+ GOLD CAC as a type coin and then when he realized it was a set he wanted to do-he never looked back. If the finest coins were for sale and we liked them our orders were simple-buy them. We proudly bough the 1898O PCGS MS68+ and the 25C 1904O PCGS MS67+ early on. Then he stepped up and bought this favorite coin, the James Stack/Gardner 25C 1901S PCGS MS67+CAC. We got to point where we had stalled out. Luckily Legend had been speaking to Perfection (who is one of he great collectors of today with all his #1 PCGS CAC Sets) and he knew he could not take his MS Barber Quarters any further. Within days, we negotiated the purchase of his set. Adding the remarkable coins RSD had, created what is now by far the BEST EVER MS Barber Quarter set.  Congratulations to our good friend RSD!

RSD is far from done, he will always be in the hunt to upgrade with PCGS CAC coins. Other sets he has-wild Morgan toners, and he has a complete toned Morgan CC set in MS64+ and better (yes, his 93CC is  MS65 and is toned). Time will tell what his next big project will be. Until then, he loves to bring the coins to us, lay them all out on our conference room table and just shake his head and say I can’t believe we did this! That is refreshing to us.

THIS MONSTER SET WILL BE ON DISPLAY AT THE ANA PHILI SHOW AT OUR TABLES. IT IS NOT FOR SALE. IT IS SPECIAL TO SEE.

NEWPS

Between preparing for Legend Auctions June Monthly and July Regency Sale, and logging in all the NEWPS, we are beyond swamped and are way behind. That is part of why we will only be able to post a few NEWPS at a time right now. We even had to push our Long Beach trip back by 2 days (unheard of for us). Still, we manged to post some incredible coins this week. We already sold two this AM.

Even though every coin really could be someone else’s highlights, we especially love:

$ 1 1880 MORGAN PCGS PR66+ CAMEO CAC

$2.5 1861 NEW REV PCGS MS66 CAC

$5  1910 PCGS PR65 CAC ELIASBERG

Of course there are a few other cool NEWPS.  Do not forget to check out our regular inventory. There are still plenty of great coins that need great homes like yours!

Special note: As we have mentioned, we did purchase a whole bunch of ship wreck coins from the only direct source (a partner in the deal). We will be posting them the rest of this month. Talk about on an incredible numismatic treasure! These coins are all historically significant and are real treasure ship coins. Stay tuned!

ALL NEWPS ARE NOW POSTED 

LEGEND RARE COIN AUCTIONS

www.legendauctions.com

What a crazy time it has been here in our offices. Since May 31st we have just been slammed with consignments for both our June Premier Sessions Sale (186 lots) and our July Regency Sale (610 lots) . We are even discussing some cool collections for September already. Here re some highlights for our upcoming June Premier Sessions sale:

1C  1909S VDB PCGS MS65RB CAC

2C 1864 SM MOTTO PCGS MS65+ BN CAC

5C  1883 W/C PCGS MS67

5C   1918/7D PCGS XF 40 CAC

H.10  1832 PCGS MS65 CAC

10C  1884 PCGS MS67 CAC

10C  1916D PCGS AU 55

10C 1916D PCGS AU 58

25C  1821 PCGS AU58+ CAC

50C  1836 RE PCGS XF45 CAC

$1 1899S PCGS MS66 CAC

$2.5  1877 NGC AU58

$5 1893 PCGS MS64+ CAC

$20 1862 PCGS XF 40 CAC

$20 1897s PCGS MS64+ CAC

J-177  H.01 1856 PCGS PR64 CAC

J-192 1C 1858 PCG SPR66 CAMEO CAC

A FRESH GROUP OF ROMAN COINS

We assure you, EVERY coin was approved by Laura Sperber the founder of Legend Auctions, so you KNOW the quality is all there.

We will be posting our highlights for the July sale shortly. If you thought May was powerful, we almost out did our selves for July! Make plans to come to Vegas!

At Long Beach we are only able to bring some highlights of the July Regency Sale. We will have NO June Sessions coins available.

See us in Baltimore the following week, we will have BOTH auctions available for viewing by request only. Sorry, we can not hold special viewing in LA or NYC this time.

To discuss consigning or any thing about our auctions, please call or email Julie Abrams: julie@legendauctions.com, Jessica Berkman: jessica@legendauctions.com, or Greg Cohen: greg@legendauctions.com

IF YOU WISH TO ORDER OR HAVE ANY QUESTIONS PLEASE EMAIL US: legend@legendcoin.com WE WILL NOT CHECK FOR PHONE MESSAGES UNTIL 9AM MONDAY. 

 

 

 

 

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